Oil Prices

The plunge of the oil price since three (3) years ago have sent oil and gas practitioners like myself to unemployment. Until now there has been no signs that, despite its resilience from previous crises,…

Saudi Arabia made a proposal that OPEC members cut production by a maximum of 5%. There remains confusion however as Bloomberg reports simply that Russian energy minister has said they “may discuss it,” as opposed…

As far as I could remember, any conflict or impending conflict in the Middle East escalates oil prices almost immediately. At present, it is totally the opposite, oil prices even dropped further. World’s dependency on…